In: Operations Management
Is there an ethical crisis in business today? What role does information technology play in unethical business practices?
Yes, the given statement is true that there is an ethical crises in business today. Modern business using informational technology to make the business easier to communicate, for cooperative work and taking decisions. All the business related work are doing electronically to engage ethical and unethical business practices all over the world. This results in increase in the unethical business practices and this is the only reason that ethical crises are real situation in business today.
Information technology plays a very important role in unethical business practices. Use of computers now a days is increasing day by day which results into many health disorders like hand and eye disorders. Cyber crime is the main issue in business practices where individuals are taking advantage of the widespread use and vulnerability of computers. Cyber crime and computer hacking leads to the unethical business practices. Computer hacking by unauthorized access and use of networked computer systems are serious threats to the integrity and safety of the business organizations.